Finance Help

Finance Help

Do You Require Used Bike Finance but Have Bad Credit?

Talk to Budget Bikes, we have years of experience in arranging motorbike loans for people with poor credit. As such, we have access to specialist lenders and will go out of our way to make sure you get the best deal for your budget.

All that is required from you is to complete our short application form:

WHAT IS BAD CREDIT?

You may be unsure of your own credit rating, so here is some information to improve your understanding.

Bad credit can be brought about by a number of things; missed or late payments towards your credit cards or any other loans or finance, arrears, defaults and County Court Judgements (CCJ's) which are the main contributors.

Also, if you have no history of any previous loans on your credit file this can also have an adverse effect on your credit score. So what do you do if you have a poor credit score and need to get a loan for your next vehicle?

As a result of the global credit crunch, a huge number of lenders have withdrawn from the market and people with impaired credit are concerned that they are no longer able to arrange the loans and finance that they need.

The good news is there are however still a number of specialist lenders that offer motorcycle loans to people with a bad credit record who also offer very competitive rates.

Budget Bikes has operated with these companies for many years, and it is our experience within this sector that makes us best placed to help you secure a motorbike loan for your next vehicle.

Budget Bikes is authorised and regulated by the Financial Conduct Authority, FRN: 669468. All finance is subject to status and income. Written Quotation on request. We act as a credit broker not a lender. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. We are only able to offer finance products from these providers.